Nippon Sanso Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Sanso Holdings has a total shareholder equity of ¥946.1B and total debt of ¥890.3B, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are ¥2,409.1B and ¥1,463.0B respectively. Nippon Sanso Holdings's EBIT is ¥168.0B making its interest coverage ratio 7.9. It has cash and short-term investments of ¥153.3B.
Key information
94.1%
Debt to equity ratio
JP¥890.26b
Debt
Interest coverage ratio | 7.9x |
Cash | JP¥153.32b |
Equity | JP¥946.11b |
Total liabilities | JP¥1.46t |
Total assets | JP¥2.41t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPXY.Y's short term assets (¥568.2B) exceed its short term liabilities (¥498.0B).
Long Term Liabilities: NPXY.Y's short term assets (¥568.2B) do not cover its long term liabilities (¥965.0B).
Debt to Equity History and Analysis
Debt Level: NPXY.Y's net debt to equity ratio (77.9%) is considered high.
Reducing Debt: NPXY.Y's debt to equity ratio has reduced from 229.5% to 94.1% over the past 5 years.
Debt Coverage: NPXY.Y's debt is well covered by operating cash flow (24.3%).
Interest Coverage: NPXY.Y's interest payments on its debt are well covered by EBIT (7.9x coverage).